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Fine Margins, Safety, and the Future of Maritime Sustainability

Fine Margins, Safety, and the Future of Maritime Sustainability

[By: World ECDIS Day] Amidst discussions surrounding the digitization of the maritime industry, navigation stands out as one of the few areas where comprehensive digital operations have achieved in...

AYRO Secures €19 Million Series B Financing Round Led by Blue Ocean Fund

AYRO Secures €19 Million Series B Financing Round Led by Blue Ocean Fund

[By: AYRO] AYRO, the designer and manufacturer of the revolutionary OceanWings® wingsail solution for cargo ships and yachts, announced today the close of a 19.2 million € ($21 m) Series B round, l...

Thomas Miller Holdings Appoints James Quin as Non-Executive Director

Thomas Miller Holdings Appoints James Quin as Non-Executive Director

[By: Thomas Miller] Thomas Miller Holdings, the parent company for the international provider of market leading insurance services, Thomas Miller Group, has today confirmed the appointment of James...

Seapath and Pilot LNG Back LNG Bunkering Terminal in Galveston Bay

Seapath and Pilot LNG Back LNG Bunkering Terminal in Galveston Bay

The Galveston Bay area is set to get its first dedicated LNG bunkering facility within a few years' time, thanks to a new joint venture between two experienced maritime infrastructure partners. LNG...

Port Everglades Awarded NAMEPA's Maritime Sustainability Passport & Seal

Port Everglades Awarded NAMEPA's Maritime Sustainability Passport & Seal

[By: NAMEPA] Carleen Lyden Walker, Co-Founder and CEO of The North American Marine Environment Protection Association (NAMEPA), announced that Port Everglades is the latest recipient of its prestig...

3rd Quarter Transatlantic Container Market Collapse Worse Than COVID Crash

3rd Quarter Transatlantic Container Market Collapse Worse Than COVID Crash

[By: MSI] Within container freight markets one of the most striking recent developments has been on the Transatlantic trades, where spot freight rates have collapsed to below levels seen even in 20...

Kongsberg Launches Multibeam Echosounder to Unlock Secrets of the Seafloor

Kongsberg Launches Multibeam Echosounder to Unlock Secrets of the Seafloor

[By: Kongsberg Discovery] Kongsberg Discovery has announced the launch of EM 2042 - a Multibeam Echo Sounder capable of extending operational weather windows, offering unique flexibility, and deliv...

Maritime Executive

GTT New Order from Jiangnan Shipyard for the Tank Design of 2 LNG Carriers

[By: GTT] GTT announces that it has received an order from its partner Jiangnan Shipyard (Group) Co., Ltd. for the tank design of two new Liquefied Natural Gas Carriers, on behalf of Shandong Marin...

Sustainably Linked Sace-Guaranteed Financing Strengthen Financial Structure

Sustainably Linked Sace-Guaranteed Financing Strengthen Financial Structure

[By: Fincantieri] Fincantieri signed yesterday a EUR 800 million facility agreement, 5-year tenor with 3 years grace period, 70 per cent guaranteed by SACE, the insurance-financial group directly c...

For World Maritime Day, UNCTAD Calls for an Equitable Transition

For World Maritime Day, UNCTAD Calls for an Equitable Transition

Just in time for World Maritime Day, the UN Conference on Trade and Development (UNCTAD) has released a new call to action for securing a just transition to shipping's decarbonized future, including f...